ShaylahL576546 ShaylahL576546

03-11-2022
Mathematics

contestada

how much simple interest can be earned in one year on $800 at 6%

Respuesta :

PessieQ780501 PessieQ780501

03-11-2022

The simple interest is defined as

[tex]I=P\cdot r\cdot t[/tex]

Where P is the principal, r is the interest rate and t is times in years. Replacing all given information, and using 0.06 as 6%, we have

[tex]I=800\cdot0.06\cdot1=48[/tex]

Therefore, the simple interest is $48.

Answer Link

Otras preguntas

⦁What are the changes we see in new journalism vs. old journalism?

Which polynomial is written in descending order? (2 points) Select one: a. 9 − 3x + 4x2 b. −3x + 9 + 4x2 c. 4x2 − 3x + 9 d. 4x2 + 9 − 3x

The Caucasus Mountains are made up of two separate mountain systems. True False

did thomas jefferson make the 2 dollar bill?

Katrina is being billed for medical services that should have been paid by her insurance. What strategies can help her work successfully with her insurance comp

Which of the following sentences has all words capitalized correctly? (5 points) He and I both enjoyed the brownies you made. He and i both enjoyed the br

3. Write the equilibrium expression, K, for the following reactions. S8 (s)+O2 (g)SO2 (g)

Explain why does only 1% of the abundant rainfall Florida receives each day is available for people to use or drink.

How long does it take to digest a chicken nugget?

After visiting a factory on a field trip, your little sister Elsa is really concerned about her carbon footprint. Name two ways that she can reduce her carbon f